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Europe may have averted an energy crisis for now but is ‘not out of the woods,’ says IEA chief
Finance

Europe may have averted an energy crisis for now but is ‘not out of the woods,’ says IEA chief

May 21, 2023 admin-dominor



Fatih Birol, Executive Director of the International Energy Agency, speaks to CNBC's Martin Soong on the sidelines of the G-7 leaders' summit in Hiroshima, Japan. He says 60% of the increase in oil demand is expected to come from China, and outlines the energy risks that Europe faces.



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  • Putin congratulates Russia troops, Wagner for ‘capturing Bakhmut’
  • G7 wants ‘constructive’ China ties, calls out rights record

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